Web 3.0 is the upcoming third generation of the internet where websites and apps will be able to process information in a smart human-like way through technologies like machine learning (ML), Big Data, decentralized ledger technology (DLT), etc. Web 3.0 was originally called the Semantic Web by World Wide Web inventor Tim Berners-Lee, and was aimed at being a more autonomous, intelligent, and open internet.

• Keywords : Decentralization, Transparency, Trustless, Open Source
• Applications : NFT, DeFi, Metaverse, DAO, etc

DAO

Decentralized autonomous organization (DAO) : Internet community with a shared bank account, with a potential to revolutionize money management and people management.

• DAOs give us a way of collaborating with other people all over the world without ever meeting them. Members can establish their own rules and vote on key decisions using blockchain, and without bureaucracy or hierarchy.
• Requires an Ethereum Node, Metamask, and Rinkeby Faucet. Maintaining an Ethereum Node could cost $0.20+ per hour ($150-$200 per month)

How to Create a DAO in 10 Minutes " Moralis - The Ultimate Web3 Development Platform

DAO Landscape

Govern better, together. Build your DAO now.

Games

• P2E (play to earn) Games: Players can bring their NFT-based in-game characters, items, and power-ups to a virtual world, and based on in-game activities and participation (and luck), can make virtual tokens that can be traded for real cash.

7 NFT Games to Play-to-Earn in 2022 | Binance Blog

ReNFT